TIP TOP PRINT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TIP TOP PRINT
Largest movements
- Tangible fixed assets +€379,708
up €379,708 (+14,496%), from €2,619 to €382,327
of which Land and buildings: +€380,468
- Cash -€19,651
down €19,651 (-20.4%), from €96,366 to €76,715
mainly Investment in fixed assets (net) (-€393,350) and Net result for the year (-€12,630)
- Receivables within one year -€13,287
down €13,287 (-35.1%), from €37,901 to €24,615
of which Other amounts receivable: -€8,255
- Debts after one year +€263,556
new in 2025: €263,556
- Other debts +€61,507
new in 2025: €61,507
- Trade debts +€25,001
up €25,001 (+187%), from €13,382 to €38,383
- Current portion of long-term debt +€13,211
new in 2025: €13,211
- Profit (loss) carried forward -€12,630
down €12,630 (-20.1%), from €62,893 to €50,263
- Gross operating margin -€43,208
down €43,208 (-33.4%), from €129,392 to €86,184
- Staff costs -€24,619
down €24,619 (-24.3%), from €101,125 to €76,506
- Depreciation +€12,652
up €12,652 (+1,278%), from €990 to €13,642
- Taxes -€6,020
down €6,020 (-100%), from €6,020 to €0
- Other operating charges +€4,834
up €4,834 (+1,114%), from €434 to €5,268
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,153 | €490,887 | +€344,734 | +236% |
| Fixed assets | 21/28 | €2,619 | €382,327 | +€379,708 | +14,496% |
| Tangible fixed assets | 22/27 | €2,619 | €382,327 | +€379,708 | +14,496% |
| Land and buildings | 22 | €0 | €380,468 | +€380,468 | +1,902,338,500% |
| Furniture and vehicles | 24 | €2,619 | €1,859 | -€760 | -29.0% |
| Current assets | 29/58 | €143,533 | €108,560 | -€34,974 | -24.4% |
| Stocks and contracts in progress | 3 | €9,266 | €5,501 | -€3,765 | -40.6% |
| Stocks | 30/36 | €9,266 | €5,501 | -€3,765 | -40.6% |
| Amounts receivable within one year | 40/41 | €37,901 | €24,615 | -€13,287 | -35.1% |
| Trade receivables | 40 | €29,646 | €24,615 | -€5,031 | -17.0% |
| Other amounts receivable | 41 | €8,255 | €0 | -€8,255 | -100% |
| Cash at bank and in hand | 54/58 | €96,366 | €76,715 | -€19,651 | -20.4% |
| Deferred charges and accrued income | 490/1 | - | €1,729 | +€1,729 | |
| Total equity and liabilities | 10/49 | €146,153 | €490,887 | +€344,734 | +236% |
| Equity | 10/15 | €83,407 | €70,777 | -€12,630 | -15.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,893 | €50,263 | -€12,630 | -20.1% |
| Investment grants | 15 | €63 | €63 | = | 0.0% |
| Amounts payable | 17/49 | €62,746 | €420,110 | +€357,364 | +570% |
| Amounts payable after more than one year | 17 | - | €263,556 | +€263,556 | |
| Financial debts | 170/4 | - | €263,556 | +€263,556 | |
| Amounts payable within one year | 42/48 | €62,746 | €156,554 | +€93,808 | +150% |
| Current portion of amounts payable after more than one year | 42 | - | €13,211 | +€13,211 | |
| Trade debts | 44 | €13,382 | €38,383 | +€25,001 | +187% |
| Suppliers | 440/4 | €13,382 | €38,383 | +€25,001 | +187% |
| Taxes, remuneration and social security | 45 | €49,364 | €43,452 | -€5,912 | -12.0% |
| Taxes | 450/3 | €25,241 | €21,321 | -€3,920 | -15.5% |
| Remuneration and social security | 454/9 | €24,123 | €22,131 | -€1,992 | -8.3% |
| Other amounts payable | 47/48 | - | €61,507 | +€61,507 | |
| Remuneration, social security and pensions | 62 | €101,125 | €76,506 | -€24,619 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €990 | €13,642 | +€12,652 | +1,278% |
| Other operating charges | 640/8 | €434 | €5,268 | +€4,834 | +1,114% |
| Gross operating margin | 9900 | €129,392 | €86,184 | -€43,208 | -33.4% |
| Operating profit (loss) | 9901 | €26,843 | -€9,232 | -€36,075 | |
| Financial income | 75/76B | €384 | €658 | +€273 | +71.1% |
| Recurring financial income | 75 | €377 | €658 | +€280 | +74.3% |
| Non-recurring financial income | 76B | €7 | - | -€7 | |
| Financial charges | 65/66B | €205 | €4,056 | +€3,852 | +1,883% |
| Recurring financial charges | 65 | €205 | €4,056 | +€3,852 | +1,883% |
| Profit (loss) for the period before taxes | 9903 | €27,023 | -€12,630 | -€39,653 | |
| Income taxes | 67/77 | €6,020 | €0 | -€6,020 | -100% |
| Profit (loss) for the period | 9904 | €21,003 | -€12,630 | -€33,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,003 | -€12,630 | -€33,634 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.